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Caister FrogLETS Local Exchange Trading Scheme 124 Yarmouth Road, Caister on Sea, Great Yarmouth Norfolk NR30 5BT Tel: 01493 377877 - Email: laura@caisterfroglets.co.uk |
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REGISTRATION FORM (Tick one) Individual ________________ Business ________________ |
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FrogLETS Account Holder’s Agreement |
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1. FrogLETS is a non
profit organisation which provides an information exchange and
recording service through which users can maintain a system of
accounts for trading in local units called FrogLETS.
5. Account holders shall
be willing to consider trading in FrogLETS. There is no obligation
to trade. FrogLETS does not set trading terms. All amounts (in
FrogLETS) are set by members involved in trading |
8. Accountability for
taxes incurred by account holders is the obligation of those involved in
the exchange. FrogLETS has no obligation or liability to report to
taxation authorities or to collect takes on their behalf. 9. FrogLETS makes no warranty or undertaking as to the value, condition or quality of the items or services exchanged. 10. While all efforts are made to maintain confidentiality, FrogLETS cannot guarantee confidentiality of information in members accounts, nor necessarily be held liable for any breach of confidentiality. 11. Each member can trade down to a debit of 1000 (one thousand) FrogLETS. When a member approaches this limit, their future trading activity will be reviewed. 12. FrogLETS may act on behalf of the membership to seek explanation, account credit or satisfaction from any member whose conduct is considered to be contrary to the interest of other members. As a last resort, members may be removed from the network 13. Any member whose account is in debit and intending to close an account agrees to inform FrogLETS and makes every effort possible to settle their account by bringing it to zero |
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